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IN THE MATTER OF TRUXON

Bankruptcy No. 86-44.

71 B.R. 28 (1987)

In the Matter of Harold L. TRUXON, Virginia A. Truxon, Debtors.

United States Bankruptcy Court, D. Delaware.

January 14, 1987.

Attorney(s) appearing for the Case

James L. Patton, Jr., Wilmington, Del., for debtors.

Michael B. Joseph, Wilmington, Del., for Sussex Trust Co.

Thomas D. Runnels, Newark, Del., Trustee.

MEMORANDUM OPINION AND ORDER

HELEN S. BALICK, Bankruptcy Judge.

Harold L. and Virginia A. Truxon are Chapter 13 debtors. They have proposed a five-year plan that purports a 100% payout to secured and unsecured creditors. Sussex Trust Company is the holder of an allowed secured claim in the amount of $45,137.96 based upon a sci fa judgment entered July 9, 1985 (proof of claim filed March 13, 1986). Sussex Trust Company has objected to confirmation...

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